Russian owner Fesco has posted lower earnings for the second quarter to 30 June.
The containership and bulker specialist said net profit was $8m, down from $80m in the same period of 2016.
Revenue was up at $174m from $132m, but finance costs knocked $17m off the bottom line, against a gain of $76m last year.
Last week, the owner arranged fresh finance with VTB Bank worth up to $680m.
